topic Re: Cap 1 waives balance transfer fee :-) in Credit Cards

Cap 1 waives balance transfer fee :-)

mmmlive1999 — Thu, 14 Jul 2016 14:44:30 GMT

I have been with Cap 1 since 2012, always PIF. I paid off a large,$13k student loan with a travel points card and wanted to BT to 0% APR , Cap 1 and pay it off in a few mos. I had the special 2% balance transfer fee offer but didn't want to get hit with paying $260! I called the customer service representative to see about lowering the rate as a courtesy and she said that actually they waive the whole fee if the transferred balance is paid off within 60 days of the transfer!!! I just had to call back when I paid it off, so I did 50 days later, and true to their word they removed the balance transfer fee.😁

Re: Cap 1 waives balance transfer fee :-)

Vegas4Play — Thu, 14 Jul 2016 14:53:35 GMT

nice congrats to u!!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Thu, 14 Jul 2016 17:52:23 GMT

That's awesome!!! Congrats!!

Re: Cap 1 waives balance transfer fee :-)

RonM21 — Fri, 15 Jul 2016 21:28:30 GMT

Very nice! Congrats!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sat, 16 Jul 2016 06:02:34 GMT

Congratulations OP did not know they would do that thanks for sharing!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sat, 16 Jul 2016 10:45:30 GMT

That was quite a nice gesture from Capital One. Good job!!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sat, 16 Jul 2016 18:42:39 GMT

I wish my student loan company would let me pay them off with a CC (MyFedLoan)

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sat, 16 Jul 2016 22:56:24 GMT

Nice! Congrats!

Also, thank you for sharing that piece lf knowledge with us!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sun, 17 Jul 2016 01:21:12 GMT

@mmmlive1999 wrote:
I have been with Cap 1 since 2012, always PIF. I paid off a large,$13k student loan with a travel points card and wanted to BT to 0% APR , Cap 1 and pay it off in a few mos. I had the special 2% balance transfer fee offer but didn't want to get hit with paying $260! I called the customer service representative to see about lowering the rate as a courtesy and she said that actually they waive the whole fee if the transferred balance is paid off within 60 days of the transfer!!! I just had to call back when I paid it off, so I did 50 days later, and true to their word they removed the balance transfer fee.😁

Nice!!!!!!

Re: Cap 1 waives balance transfer fee :-)

Anonymous — Sun, 17 Jul 2016 03:42:12 GMT

Interesting. All my balance transfer offers from Cap One have been with "no fee."